Funding you earn now, next payment 08:00 UTC+0.1920%/8h= +210.2% APRnext payment +$19.20 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bitget+0.192%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1731.735% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.243%−$24 · spread now +0.192%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$58 a day on $10k at the current rate, and SunX is 0.276% dearer against Bitget than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.084%. Mind the row above: over the last 7 days funding on this pair cost −0.127%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.127% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$19.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CRDOUSDT | 182.69 | −0.1920 | get 0.1920% / 8h | 2h 06m | $1.7M | $1.8M | 20x |
| Short | SunX CRDO-USDT | 183.04 | 0 | get 0.0000% / 8h | 2h 06m | $824 | $509K | 10x |
Bitget CRDOUSDT
SunX CRDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $403.2
- Price spread: +0.192% → −0.084%
- $27.58
- Slippage, 4 orders
- −$153.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $257.3
- Costs to cover
- 1.735%
- Break-even
- 2.5 days
Slippage from Bitget: live order book, 5 min ago; SunX: live order book, 64 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 5 min ago | 6.28 bp | 22.7 bp −$23 | 59.0 bp −$590 | 180.3 bp −$18.0K | doesn't fit |
| Sell SunX live order book, 64 min ago | 47.08 bp | 66.2 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
CRDO on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRDOUSDTlong | −0.1920% | 8h | 182.69 | long leg | $1.7M | $1.8M | 20x | |
| QFEX CRDO-USD | −0.0006% | 1h | 182.95 | +0.142% | $1.1M | $2.4M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 183.06 | +0.200% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 182.98 | +0.156% | $4.0M | $9.3M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 182.91 | +0.120% | $704K | $773K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 182.90 | +0.115% | $922K | $1.6M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 182.87 | +0.099% | $628K | $139K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 182.82 | +0.070% | $198K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 182.83 | +0.076% | $545 | $131K | 10x | as long as short |
| SunX CRDO-USDTshort | 0.0000% | 8h | 183.04 | +0.192% | $824 | $509K | 10x |
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_PerpShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRDO-USDT | 0.0000% | 8h | 182.81 | +0.066% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 182.64 | −0.027% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 182.82 | +0.071% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 182.97 | +0.153% | $192K | $843K | 20x | as long as short |
| Paragon para:CRDO | +0.0925% | 1h | 182.94 | +0.140% | $1.3M | $488K | 10x | as long as short |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM
Paragon para:CRDO